AgDevCo joins SSNUP as an impact investor

AgDevCo Limited is a specialist investor in early-stage African agribusinesses. Established in 2009, AgDevCo’s vision is a thriving commercial African agriculture sector that benefits people, economies and the environment. AgDevCo contributes to this goal by providing investment capital and technical assistance (TA) to grow sustainable and impactful businesses across the agricultural value chain. AgDevCo works in a variety of sectors and crops.  

The companies in its portfolio are involved throughout the food sector from primary production through processing to retail. Through TA, AgDevCo supports its investees to improve economic opportunities for local workers and small-scale farmers, mitigate climate change, and promote gender equality.  

To date, AgDevCo has invested in 80 agribusiness across sub-Saharan Africa. Their current investment portfolio comprises over 40 companies with a total value of around $150m. These companies are spread across Ghana, Côte d’Ivoire, Kenya, Tanzania, Uganda, Rwanda, Zambia, Malawi and Mozambique. 

The SSNUP programme will provide AgDevCo with €1.5m for TA to extend this support to agribusinesses working with smallholder farmers.